‘Ramon Magsaysay Award’: Akhuwat founder Dr Amjad gets Asia’s Nobel Prize

Akhuwat Foundation’s Founder Dr Amjad Saqib is a Pakistani social entrepreneur, development practitioner, former civil servant and an author.

Reportedly, the foundation identified as ‘Akhuwat’ has provided Rs 150 billion interest-free loans.

The prestigious award is named after the President of the Philippines who died in a plane crash in 1957. He is considered to have brought the Philippines in a golden age with a climate of good democracy and zero corruption.

This award is given every year to individuals who have made extraordinary contributions to the eradication of poverty and the development of the society in Asia and total ten Pakistanis have been presented with this award till now.

The other recipients of this year's Ramon Magsaysay Award are Steven Muncy from Southeast Asia, Watchdoc from Indonesia, and Roberto Ballon from the Philippines.

The Award annually recognises greatness of spirit shown in selfless service to the peoples of Asia.